The rumors of IBM's exit has leve less to do with a lack of innovation or technological advantage and more to do witht he company's overall business strategy. They have been getting out of more and more markets and contracting as a result. It's possible that they will stay in the chip business and fight it out, but I wouldn't count on it with the direction things have been moving in gradually.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.